Xiaomi ADRs surge over 10% during U.S. trading session.

Xiaomi ADRs surge over 10% during U.S. trading session.

In a strong showing during the U.S. trading session on June 19, 2025, Xiaomi's American Depositary Receipts (ADRs) surged by over 10%. This significant increase in stock value was driven by the company's robust financial performance in the first quarter of 2025, as reported in the latest financial summary [1].

According to the report, Xiaomi achieved total revenue of 111.3 billion yuan (RMB) in Q1 2025, representing a 47.4% year-on-year increase. Operating profit reached 13.1 billion yuan, up 256.4% year-on-year, while adjusted net profit hit 10.7 billion yuan, marking a historic high with a 64.5% year-on-year growth. The company's smartphone × AIoT segment revenue amounted to 92.7 billion yuan, growing 22.8% year-on-year, primarily driven by increased smartphone shipments. Meanwhile, innovative businesses such as smart electric vehicles generated revenue of 18.6 billion yuan, with a gross margin of 23.2%.

Xiaomi's smartphone revenue reached RMB 50.6 billion in Q1 2025, up 8.9% year-on-year, primarily due to increased shipments of higher ASP models. According to Canalys data, global smartphone shipments reached 42 million units in Q1 2025, growing 3.0% year-on-year, with Xiaomi ranking among the top three globally with a market share of 14.1% [1].

The company's IoT and lifestyle products revenue reached RMB 32.3 billion in Q1 2025, surging 58.7% year-on-year, with a gross margin of 25.2%. The user ecosystem continued to expand, with the number of connected IoT devices (excluding smartphones, tablets, and laptops) on the AIoT platform growing to 944 million, up 20.1% year-on-year. Internet services revenue reached RMB 9.1 billion in Q1 2025, rising 12.8% year-on-year, with gross margin reaching 76.9%.

The positive financial performance and market share gains are likely contributing to the surge in Xiaomi's ADR value during the U.S. trading session. Investors are increasingly bullish on the company's growth prospects, particularly in the smartphone and AIoT segments.

References:

[1] Xiaomi 01810 HK Core Business Reached a New Record High. Retrieved from https://www.poems.com.sg/stock-research/1810.HK/xiaomi-01810-hk-core-business-reached-a-new-record-high/